Lack of inquiry on stamp duty value difference justified section 263 revision and fresh verification.

Make available test under DTAA applied to repair and overhaul payments, so no TDS obligation arose.

Reassessment on borrowed satisfaction and double addition under section 68 fail where purchases and sales were already recorded.

Borrowed satisfaction and section 68 addition failed where reopening lacked live nexus and documents proved genuine receipts.

Notional interest on slump sale balance deleted as commercially expedient arrangement, with consistency in revenue treatment supporting the assessee.

Real income theory and corroborated cash explanations: ITAT upheld deletion of one addition and sustained the balance.

Bad debt deduction and section 158A procedure upheld on distinct write-off, no double deduction, and pending High Court issue

Corpus donations for construction treated as capital receipts and held not taxable despite lack of trust registration.

CSR donation qualifies for section 80G deduction where statutory conditions are met despite business expense disallowance.

Beneficial ownership of bank account controls section 68 addition where deposits were made in trust account, not assessee's account.

Penalty not automatic on deemed additions and omitted fixed deposit interest; each item must be independently tested for concealment.

Holding period for immovable property starts when enforceable rights arise, making the gain short-term capital gain.

Royalty and subcontract disallowances sent back for fresh verification; consequential penalty under section 270A also kept open.

Retrospective tolerance band and agreement-date indexation defeat property tax additions; unexplained investment remanded for verification

Cost recovery charges for CFS customs deployment upheld; prior conduct, res judicata and estoppel barred renewed challenge.

Written acceptance of enhanced import value does not waive the right to challenge reassessment under customs law.

Incomplete BIS testing cannot justify reclassification or confiscatory action; declared customs classification restored and enhanced redemption fine s...

Grave suspicion and Section 65B compliance barred reliance on CCTV footage, sustaining discharge of accused officers.

Anti-dumping duty on natural mica based pearl industrial pigments extended until 25 November 2026

Anti-dumping duty on Monoisopropylamine imports from China imposed for five years to address dumping and injury